Ericsson and Microsoft officially confirmed the deal

Word surfaced in late March that Ericsson was in discussions to buy Microsoft's IPTV arm. Today Microsoft and Ericsson have officially confirmed that the deal has been closed. Microsoft and Ericsson have entered into a definitive agreement that will have Ericsson acquiring Microsoft's Mediaroom technology.

Microsoft says that Mediaroom is the number one IP TV platform deployed by TV operators around the world. The two companies say that the acquisition is mutually beneficial and strategically aligned for both companies. Ericsson promises to continue its investment in the growth and success of the software.

Microsoft says that the deal allows it to commit 100% of its focus on consumer TV to the Xbox platform. Microsoft says with all of its resources now aimed at the Xbox, it will continue to make the game console the premium entertainment service delivering games and entertainment consumers want. There is no indication of exactly when this deal will close at this time.

Source: Microsoft

"Intel is investing heavily (think gazillions of dollars and bazillions of engineering man hours) in resources to create an Intel host controllers spec in order to speed time to market of the USB 3.0 technology." -- Intel blogger Nick Knupffer

Latest Headlines

Latest Blog Posts
What else to worry about?
Saimin Nidarson - Mar 17, 2017, 6:45 AM
Todays’ Life
Saimin Nidarson - Mar 14, 2017, 7:30 AM
News and Tips
Saimin Nidarson - Mar 13, 2017, 6:30 AM
Some News
Saimin Nidarson - Mar 8, 2017, 7:09 AM
Saimin Nidarson - Mar 7, 2017, 8:45 AM
World news 3-6
Saimin Nidarson - Mar 6, 2017, 5:40 AM
Mixed News
Saimin Nidarson - Mar 4, 2017, 7:40 AM
Mixed News of the Day
Saimin Nidarson - Mar 4, 2017, 6:32 AM
Mixed News of The World:
Saimin Nidarson - Mar 2, 2017, 7:02 AM
World New 3-1
Saimin Nidarson - Mar 1, 2017, 6:30 AM
Gaming News of The Day
Saimin Nidarson - Feb 28, 2017, 6:56 AM

Copyright 2017 DailyTech LLC. - RSS Feed | Advertise | About Us | Ethics | FAQ | Terms, Conditions & Privacy Information | Kristopher Kubicki